Possible downward trendThere is still liquidity downwards so we will have to revisit that. Those ETF's are gonna wanna buy low and sell their client huge dreams at high prices.by ToTheMun111
The maximum correction of BTC might experience is down to 67KBased on the chart, the maximum correction that Bitcoin might experience is down to $67,000. Observing the range between $70,000 and $67,000 is crucial as there is a high possibility of an upward movement from this area.by MonoCoinSignal13
Bitcoin nearly 1B of Open interest are still trappedBitcoin nearly 1B of Open interest are still trapped price did 5% drop into VAL at 66k but failed to do a cascade liquidations because too many short sellers were in at this moment i wait for clear pattern to take a trade 02:31by Yuriy_Bishko11
#Bitcoin update! 📊 #BTC Descending Broadening Wedge on the Daily Timeframe Chart is Still in Play! 🚀 Bitcoin bulls need to clear the $71.3k Resistance to confirm the breakout. 📈💪 Once the wedge breakout happens, we can expect some good bounce. In the 4D time frame chart, we are getting extremely close to a massive, volatile move soon! Stay tuned Longby CRYPTOMOJO_TA10
BTC Urgent Update!!!BTC has shown an 8% rejection after reaching as high as $72k. The price is currently holding strong support at $66k (50EMA) with lower support at FWB:65K and $60k. In this daily timeframe, BTC must hold the current support to continue a bounce back. A daily close below FWB:65K will invalidate the bounce and likely drop the price close to $60k. Be vigilant and do not FOMO. Do your own research before investing. Regards, Team Dexter.Longby Dexter_The_TraderUpdated 8
BITCOIN LONG BUYHello everyone, I'm waiting for liquidity to be taken and I'm waiting for the price, especially at 63k, so that I can possibly takeLongby InfiniteY12
BITCOIN (BTC) : Bitcoin's 12-Week Plateau: Bullish Targets AheadBy analyzing the weekly (logarithmic) chart of #Bitcoin , we observe that the price has been trading around the $70,000 range for the twelfth consecutive week, showing no clear trend! Despite this sideways movement, I remain bullish on Bitcoin. My targets are $77,000, $85,000, and ultimately $100,000! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban Longby ArmanShabanTrading121227
Pulling back to the broken ascending trendlineIn our previous analysis, we mentioned that we expected Bitcoin to touch its support level, and this indeed happened. Bitcoin is currently trading between $67,000 and $71,000 and is pulling back to the broken ascending trendline. In our opinion, it's best to wait until Bitcoin breaks above $72,000 before expecting "strong" growth. While the market is in this corrective wave, focus on scalping and small swing trading opportunities. Avoid rushing into high-volume trades and make decisions with greater caution. by MonoCoinSignal10
Is Bitcoin Downtrend Over? Examining the trend in the four-hour time frame, Bitcoin has approached the bottom of the descending channel at $66,675 and now it seems that the rate may go below the support of 66,675, provided that it maintains and does not record any one-hour candle closes. It can increase up to the Fibo resistance of 88.6% at $68,636.Longby arongroups9
BTCUSDT: Bullish Trend (Inverse H&S Pattern)BTC is formed perfect Inverse H&S Pattern on 4hr time frame, and there is no bearish divergence. Our main entry point is previous ATH breakout, when BTC break the nick line (ATH) we can consider BTC as a bullish trend and take a new long trade on the break out. Longby mudusirUpdated 7
BTC looks bearish (12H)From where we put the green flash on the chart, it looks like BTC correction has started. This correction is a triangle or a more complicated pattern, in the first step we wait for the green range to drop. By maintaining the specified supply, it can move towards the targets. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank YouShortby behdark8
Trading strategy BTCUSDT: Prospect of price increase!Hello traders, what are your thoughts on BTCUSDT? Will it rise or fall? From my personal analysis of the technical charts, the bullish factors are still in play, with both the trend and EMA lines creating favorable conditions for the Bulls. Additionally, the cup and handle pattern is forming, with prices moving above the psychological level of $70,000 and aiming for record highs. I am anticipating a breakout above this resistance level. What about you? Where do you think BTCUSDT is headed?by Raz_TradingUpdated 1313174
BTC/USD Triangle. Medium-term and local work 07 06 2024Logarithm. The time interval is 3 days. This idea is a continuation of the previous one, published more than half a year ago Local trend BTC/USD 19 11 2023 An ascending triangle (conditionally bullish) is forming. The percentages of its realization and key support/resistance levels are shown. Similarly, key reversal levels are highlighted in yellow and indicated with arrows. The Gann fan is also constructed to understand the dynamic support/resistance areas of the trend as the price movement develops in the future. Remember, this is a phase of Dow Theory — participation, i.e. majority participation. I suggest paying attention to altcoins that are not caught up in the news backdrop. Line chart. Secondary trend . BTC/USD bowl. Breakthrough 64-72. Cyclicality. Nasdaq - BTC. Major trend . BTC/USD Halving 518 When will be the cycle price low and high. Longby SpartaBTCUpdated 8
Future TargetsBitcoin moved to the 4-hour support range of $70,500 - $70,150, found support, and then hit the resistance at $71,500, where it was initially rejected. If Bitcoin breaks this resistance, it could move towards higher targets. Over the weekend, expect it to range within this area and complete a pullback before continuing upward towards $75,000. Currently, it is testing both static and dynamic resistance levels. Key levels are: Support: $70,500 / Resistance: $71,500by MonoCoinSignal8
BTCUSD TO 65K SOON SELL NOW!!!!!!!!!BTCUSDT created a high selling pressure moves yesterday and price also made a possible rejections in the fvg zone now price is heading to create new lows am shorting btc now with target 65854 JOIN AND ENJOY Tell us what you think.............?Shortby CAPTAINFX28
BTCUSDT long-term buy up to 75,000 USDDear traders! Bitcoin updated to a new high of $72,000 as sellers actively defended it amid a wave of corrections and sell-offs. But based on the setup and model I expect that after the correction and retest of the 34.89 EMA the price behavior will be consistent with our long-term buying strategy. It is expected that if the upward momentum continues, the increase will reach the 75,000 USD mark at least.Longby Bitcoin_SignalsUpdated 101027
BTCUSDT - BULLISH PENNANT, CORRECTION. BREAKOUTToday I'm presenting for your consideration a weekly chart of BITCOIN that over the span of 5 MONTHS has been forming a Bullish Pennant Pattern. The Pattern however is not yet fully formed and though the price has attempted to retest on several occasions now at it's All Time High, the Price has fallen back each time as it appears to consolidate. What we need to see yet is a strong pullback down to approximately $65,049, likely to happen by the first week of July that will give us a bottom and subsequent rise up to $70,392 at which point the Pennant pattern will be complete and I will expect a breakout in the last week of July. The next move after that would be to $73,777. to equal the previous High. The Flag Pole of the Pennant is $31519 so from the Breakout level of $70,392 that will give us a potential run into new territory that could last several month up to $101,911. Also one of my primary indicators that I like to use for Price Reversals is the Money Flow Index. As you can see with the MFI it has formed a Very Strong Negative Divergence in the opposite direction of the rise and subsequent neutral trend of the current price making me Strongly believe the Price will retrace as much as 5.8% from $69k. In total the Pennant will take another 7 weeks to complete before the breakout. Now because I don't trade in BTC I will take positions first of all in BITI and then switch over to BITO for the Bullish Reversal and Breakout. The expected gain over the span of the next 5-6 months is a minimum of 40% - 50% playing this strategy.by grahammkUpdated 6
BTCUSD SELL CONTINUATIONSBTCUSD completed targets +85% from my entry for days now selling btc and haven't completed my last target am expecting another leg down in the price of btc to make it a W SHAPE swing to the upside am taking another sell entry from this zone with tp 65854 JOIN AND ENJOY Tell us your view................?Shortby CAPTAINFX26
BTC - LESS LIKELY BEARISH SCENARIO (JUNE 2024)BTC - LESS LIKELY BEARISH SCENARIO (JUNE 2024) This scenario is bearish, but I believe there's only a 20% chance it will occur. Therefore, I still think the main market structure is bullish. Despite acknowledging the bearish possibility, my overall outlook remains positive.Longby Ehsan_13078
Critical Trading Day: Key Levels to Watch for BTC's Next moveToday promises to be very intriguing. The daily RSI trend suggests that it's already a good time to buy. However, I recommend waiting: at the opening of the American market, there's still a chance that the price could be pushed down to as low as $67,000. At this level, there is very low risk involved in buying: it meets the long-term trend, there is a short-term support in place, and it’s a pullback on an even shorter-term downward trend. By the end of the day, the price is expected to rise back above $70,000, allowing for the stop loss to be moved to break even. The next entry point would ideally be around a new ATH, again favoring a long position. Negative scenario: if it falls below $67,000, or if it doesn't manage to climb back above $70,000 by the end of the day, it would be wise to close the position and wait to see if a larger drop or further sideways movement is expected. Looking back, news will be attributed to the movements, but the chart is indicating there will be significant activity.Longby CoolTrader101Updated 6
$BTC #Bitcoin Trading IdeaBTC/USD (Bitcoin) and everything else STINKS! “Who crashed the party?”. Now I see a probability of retesting the bottom of this ascending triangle pattern (Golden Zone) because this ascending trendline was broken.by planfomo7
BTC , they FAKE you and SHAKE you they BAKE you then TAKE you !Are you confused ? did you buy the break ? do yu have stops under support like a good boy ? Broadening wedges are back. stop and liquidity hunts on both sides, H OS will be right below support and at BW trendline. This is what professional actors look like on a chart. They move from stops to stops l They trap "dumb" amateurs to grab their liquidity. This is what professional actors look like on a chart : If you are still trading with classic stuff taught in classic old school TA ( buy breaks , have stops under support levels ) . You are getting confused and worse , chopped up. So whats the PLAY ? Well I sold into the break . Then I hedged short and I will go aggressive just under support for H OS in BTC . Prepare those orders as it might be fast. Also I am accumulating a basket of ALT COINS: 25 currently and I will add size to my favourite ones if BTC break support . LETS GO! And if you dont understand what I am talking about. just ask away. We have mastercourses for the uninitiated and you will become a good trader if you put in the time and discipline. otherwise , how do they say, keep your job at MACY dees ? enjoy sincerely Chris Chartman and the Freedom traders by ChartmanChrisUpdated 6